Takasago Thermal Engineering reports strong half-year, raises full-year forecasts and dividend

Takasago Thermal Engineering Co., Ltd. reported consolidated net sales of JPY194,501m for the six months ended September 30, 2025, a 21.6% increase year-on-year. Operating profit surged by 152.4% to JPY24,679m, while profit attributable to owners of parent rose 146.6% to JPY20,201m. These results were driven by steady progress on large-scale industrial projects and improved productivity.

Following this strong performance, the company revised its full-year consolidated forecast for fiscal year 2025 (ending March 31, 2026). Net sales are now projected to be JPY421,000m (up JPY11,000m), operating profit JPY43,300m (up JPY7,300m), ordinary profit JPY46,000m (up JPY8,000m), and profit attributable to owners of parent JPY34,300m (up JPY5,600m). The annual dividend forecast was also increased to JPY105 per share (post-split adjustment), reflecting an upward revision from JPY87.

The company also announced a two-for-one common share split effective October 1, 2025, to enhance stock liquidity and expand its investor base. The earnings per share for the first half of fiscal year 2025 were JPY153.77 (post-split adjustment).